A b c are partners sharing profits and losses in the ratio of 2 3 5. On 1st july 2018, A and B granted loans of 2 lakh and 1 lakh respectively to the firm.Show the distribution of profits/losses for the year ended 31s march,2019,in the following cases:
a) If the profits before interest for the year amounted to Rs. 7,500.
b) If the loss before interest for the year amounted to Rs. 7,500.
Answers
Answered by
26
Answer:
this is your answer please give me a point please make me brainless I hope I can help you
Attachments:
Similar questions